Preservation of Wealth vs. ISN Comparison

Published: 08th February 2011
Views: N/A
Ask About This Article Print Republish This Article
Preservation of Wealth and International Silver Network are two silver coin multi level marketing companies that have opted to frame the residual portion of their business model around the MS 69 American Silver Eagle coin. Although this similarity is surely a distinctive characteristic between these two companies and the well known Numis Network, which is built around MS 70 graded coins, the philosophy and business model of these two companies is drastically different.

The first point of comparison is the actual business model used by both Preservation of Wealth and International Silver Network. Preservation of Wealth operates on a membership club framework that permits members to buy precious metals in any quantity at cost. Members are able to buy not only the MS69 graded coin, but they can also buy coins, bars, rounds and ingots from around the world at cost. In direct contrast, International Silver Network functions as a retail distributor of American Silver Eagles, American Gold Eagles and Canadian Silver Maple Leaf coins. These coins can be bought as single bullion coins or the Silver Eagles can be bought in quantities of 20 coins.

Both companies offer a monthly coin shipment of the MS69 Silver Eagle graded by either NGC or PCGS. This coin is made available once per month by International Silver Network and twice per month by Preservation of Wealth. The cost for this monthly coin shipment is almost identical with ISN offering this coin for $49.95 and PoW offering their coin for $50.00. One notable difference between the two companies is the requirement for participation in the monthly coin shipment program. In the ISN business model the monthly coin purchase is necessary to take part in the complete pay plan, while the PoW business model provides it as an option with no effect on the pay plan.

Beyond the monthly coin shipment the business model creates differences between the two companies in their overall pricing model. Because International Silver Network functions as a retail distributor, there is a markup on each individual coin so that a commission can be paid on each coin purchase. Preservation of Wealth on the other hand does not mark up individual coin purchases, nor do they pay commission on any individual coin purchase other than the optional monthly coin shipment. This difference creates a price point difference for the prospective buyer. For examples today the spot price of silver is $28.82. Preservation of Wealth would sell American Silver Eagles for $31.22 (spot + $2.40) for any quantity while International Silver Network would sell the same coin for $33.49 a difference of $2.27 for the same coin. Another example of this difference is in the pricing of an MS70 Silver Eagle. ISN sells this particular coin for $99.95 while PoW sells the same coin to its members for $72.00. This amounts to a difference of $27.95 per coin.

Preservation of Wealth operates on an yearly membership fee basis. The cost of annual membership is $249 without any additional recurring monthly fees. This membership fee includes the right to purchase metals at cost for the duration of one year and also includes a company replicated website and back office marketing tools. International Silver Network has an initial startup cost of $149.90 with an ongoing monthly fee of $99.95 with $49.95 going towards the monthly coin shipment and the remainder going towards the business building tools. A distributor would need to produce an income of $250 to enter into profit with PoW and $1,350 to enter into profit with ISN.

Preservation of Wealth uses a binary compensation plan that pays through an infinite level of depth. This means that business volume produced 100 levels down still pays into the binary of the distributor at the top. Members are compensated with fast start bonuses for referring new members and team volume bonuses when 500 points of BV are accumulated. International Silver Network uses a unilevel plan that pays eight levels deep, but has no limitations on width. Commissions are paid on retail sales and commissionable retail team volume. There are also additional bonuses available based on productivity of the distributors tier and overall retail volume.

When Preservation of Wealth and International Silver Network are compared next to one another, Preservation of Wealth offers lower cost of operation, lower metals costs and the opportunity to earn larger commissions with a smaller team.

No matter which of these two companies you decide to align yourself with, it is imperative that you learn the basics of building a multi level marketing business. This should include such things as promotion, lead generation, presentation, follow up and replication.

The Preservation of Wealth offers a powerful online business model for their members. Learn more about purchasing gold and silver at cost with a Preservation of Wealth business.

This article is free for republishing
Source: http://carlwillis.articlealley.com/preservation-of-wealth-vs-isn-comparison-2015759.html


Report this article Ask About This Article Print Republish This Article


Loading...
More to Explore
 


Ask a Professional Online Now
27 Experts are Online. Ask a Question, Get an Answer ASAP.
Type your question here...
Optional:
Select...